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Congress has passed and President Trump has signed the CARES Act. This is a massive, $2.2 trillion package that in over 800 pages provides sweeping relief to virtually everyone in some way, shape or form in response to the Coronavirus pandemic.
You’ve got lots of questions for how this will affect you.
Below are various links to sources of currently available information. We have tried to sort these items between personal and business and give urgency to time sensitive issues.
The CARES Act attempt to assist small business is primarily through the Payroll Protection Program (PPP). Many details of the program have not been identified as of now, but we have summarized available information. Also included is a downloadable and informative PDF created by the U.S. Chamber.
Please contact us immediately to assist you in the analysis and plan of obtaining a PPP loan. Our engagement to assist you would include the following:
You need to act quickly to obtain the maximum loan forgiveness under the PPP loan program.
→ Business Tax Benefits (coming soon)
The professionals at Harris, Hardy & Johnstone, P.C. are here to help. Please contact us below: